McNamara Financial Services Inc. Cuts Holdings in SPDR Portfolio Developed World ex-US ETF $SPDW

McNamara Financial Services Inc. lowered its position in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 1.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,147,540 shares of the company’s stock after selling 25,653 shares during the quarter. SPDR Portfolio Developed World ex-US ETF comprises 18.1% of McNamara Financial Services Inc.’s investment portfolio, making the stock its biggest holding. McNamara Financial Services Inc.’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $95,372,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of SPDW. Creative Planning boosted its position in SPDR Portfolio Developed World ex-US ETF by 13.2% during the third quarter. Creative Planning now owns 112,764,556 shares of the company’s stock valued at $4,825,195,000 after acquiring an additional 13,128,208 shares during the last quarter. Vantagepoint Investment Advisers LLC bought a new stake in SPDR Portfolio Developed World ex-US ETF during the third quarter valued at $279,072,000. Benjamin Edwards Inc. bought a new stake in SPDR Portfolio Developed World ex-US ETF during the second quarter valued at $124,021,000. Alliancebernstein L.P. bought a new stake in SPDR Portfolio Developed World ex-US ETF during the third quarter valued at $80,086,000. Finally, Betterment LLC boosted its position in SPDR Portfolio Developed World ex-US ETF by 24.8% during the second quarter. Betterment LLC now owns 7,726,859 shares of the company’s stock valued at $312,861,000 after acquiring an additional 1,535,351 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Trading Up 4.1%

Shares of SPDW opened at $48.26 on Thursday. The stock has a market capitalization of $38.53 billion, a P/E ratio of 16.12 and a beta of 0.86. The firm’s fifty day simple moving average is $47.20 and its two-hundred day simple moving average is $45.21. SPDR Portfolio Developed World ex-US ETF has a 12 month low of $32.51 and a 12 month high of $50.09.

About SPDR Portfolio Developed World ex-US ETF

SPDR S&P World ex US ETF (the Fund) seeks to replicate as closely as possible total return performance of the S&P/Citigroup BMI World Ex US Index (the Index). The Index is a market capitalization-weighted index that defines and measures the investable universe of publicly traded companies domiciled in developed countries outside the United States. The Index is float adjusted, meaning that only those shares publicly available to investors are included in the Index calculation. The Fund uses a passive management strategy designed to track the price and yield performance of the Index.